Want to know the ways of stopping an IRS bank levy? Find out more here, and stop the IRS from putting a levy on your property and bank accounts. The IRS will levy the following types of bank accounts: checking, savings, money market and certificates of deposit. The IRS wants the taxpayer to respond within 21 days. If the taxpayer does not respond, the IRS will ask the bank to release the levied funds. Long Island Tax Resolution Services recommends working with a tax resolution specialist to solve any tax problems such as a bank levy. Call us at: 631-244 -1650 Read more information @ http://goo.gl/Q6g5Ct

1. How To Stop An IRS Bank Levy!
www.longislandtaxresolution.com
Call us at: 631-244-1650

2. Call us: 631-244-1650What Is an IRS Bank Levy?
• IRS uses the bank levy to collect back
taxes owed.
• It is the preferred IRS tax levy method.
• The IRS will levy the following types of
bank accounts.

3. Call us: 631-244-1650
• Checking, savings, money market and
certificates of deposit.
• Taxpayer needs to respond within 21
days.
• If not, IRS will ask the bank to release
the levied funds.

4. Call us: 631-244-1650
The 5 Steps Leading To an IRS Bank Levy!
• IRS discovers the taxpayer owes back
taxes.
• IRS then issues a series of notices
demanding payment.
• IRS then sends a Final Notice of Intent
to Levy if taxpayer ignores the first
notice.

5. Call us: 631-244-1650
• Taxpayer then has 30 days to respond.
• If the taxpayer ignores the Final Notice
of Intent to Levy
• IRS then assesses the taxpayer’s
finances.

6. Call us: 631-244-1650
• The IRS issues the bank levy if enough
funds are in the taxpayer’s account.
• If enough funds are not in the taxpayer’s
bank account
• IRS considers using a wage garnishment,
an alternate form of tax levy.
IRS Contacts The Taxpayer’s Bank For
Funds

7. Call us: 631-244-1650
How to Stop an IRS Bank Levy!
• Act quickly, once the IRS launches a
bank levy.
• IRS works with the taxpayer to help
resolve the tax problem.
• First, file any unfiled tax returns.

8. Call us: 631-244-1650
• Consider solutions such as an
installment agreement, offer in
compromise.
• The taxpayer can also appeal the
bank levy.
• “Final Notice of Intent to Levy and
Notice of Your Right to a Hearing".

9. Call us: 631-244-1650
Seek The Advice of Tax Resolution Specialist
• Work with a tax resolution specialist to
solve any tax problems.
• Such as a bank levy.

10. Call us: 631-244-1650
• IRS views this step by the taxpayer to
resolve the tax problem.
• Choose the right solution for their specific
tax problem.
• An expert has the experience necessary to
help the taxpayer.

11.  Call us: 631-244-1650
 Visit@ http://goo.gl/Q6g5Ct
Long Island Tax Resolution Services Here to Help You
Follow Us On